King County, WA Limited-Tax GO And GO Refunding Bonds Assigned 'AAA' Rating - S&P Global Ratings’ Credit Research

King County, WA Limited-Tax GO And GO Refunding Bonds Assigned 'AAA' Rating

King County, WA Limited-Tax GO And GO Refunding Bonds Assigned 'AAA' Rating - S&P Global Ratings’ Credit Research
King County, WA Limited-Tax GO And GO Refunding Bonds Assigned 'AAA' Rating
Published Sep 11, 2015
3 pages (1271 words) — Published Sep 11, 2015
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Abstract:

SAN FRANCISCO (Standard&Poor's) Sept. 11, 2015--Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to  King County, Wash.'s series 2015B, 2015C, and 2015D limited-tax general obligation (GO) and limited-tax GO refunding bonds. In addition, Standard&Poor's affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the county's previously issued GO bonds, its 'AA+' long-term rating and SPUR on the county's appropriation obligations, and its 'AAA' long-term rating on the King County Housing Authority's bonds backed by a contingent loan agreement with the county. Standard&Poor's also affirmed its 'AAA/A-1+' rating on certain county GO debt, with the short-term rating based on the short-term rating on State Street Bank&Trust Co, the liquidity provider.

  
Brief Excerpt:

...SAN FRANCISCO (Standard & Poor's) Sept. 11, 2015--Standard & Poor's Ratings Services assigned its '###' long-term rating to King County, Wash.'s series 2015B, 2015C, and 2015D limited-tax general obligation (GO) and limited-tax GO refunding bonds. In addition, Standard & Poor's affirmed its '###' long-term rating and underlying rating (SPUR) on the county's previously issued GO bonds, its '##+' long-term rating and SPUR on the county's appropriation obligations, and its '###' long-term rating on the King County Housing Authority's bonds backed by a contingent loan agreement with the county. Standard & Poor's also affirmed its '###/A-1+' rating on certain county GO debt, with the short-term rating based on the short-term rating on State Street Bank & Trust Co, the liquidity provider. The outlook, where applicable, is stable. "We consider the county's economic base to be very strong and growing and that its very strong management characteristics provide the conditions for the county to reduce...

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "King County, WA Limited-Tax GO And GO Refunding Bonds Assigned 'AAA' Rating" Sep 11, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/King-County-WA-Limited-Tax-GO-And-GO-Refunding-Bonds-Assigned-AAA-Rating-1450311>
  
APA:
S&P Global Ratings’ Credit Research. (). King County, WA Limited-Tax GO And GO Refunding Bonds Assigned 'AAA' Rating Sep 11, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/King-County-WA-Limited-Tax-GO-And-GO-Refunding-Bonds-Assigned-AAA-Rating-1450311>
  
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